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Financial Literacy Test Worksheet

Money maths lesson 30: Final money test · Set 393 · 40 sums
TalentJR

The method (Read, plan, check): Name the type of question: count, change, bill, better buy, discount, budget, saving, interest, profit, passbook or safety. Use the method from that lesson and work step by step. Check: change is less than the money paid, a discount makes the price smaller, needs come before wants.

NameDateTime takenScore ___ / 40
  1. 1.Kabir is making a shopping list. Which of these is a need? (a) a remote-control car (b) bus fare to school (c) a third cricket bat (d) a fancy phone cover
  2. 2.A stranger asks Aarav to scan a QR code to “get” ₹50000. What is true? (a) It gives you money (b) Scanning a QR pays money (c) QR codes are always safe
  3. 3.Rohan has ₹300 for a picnic. Food costs ₹50 and tickets cost ₹170. Is ₹300 enough? (a) Yes (b) No
  4. 4.6 school bags cost ₹3900. What does one school bag cost (in ₹)?
  5. 5.A pair of shoes costs ₹720. Offer 1: 25% off. Offer 2: ₹160 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
  6. 6.Kavya wants a storybook set that costs ₹490, has ₹130 already and saves ₹100 every week. In how many weeks will Kavya have enough?
  7. 7.Dev spends ₹50 of ₹500 pocket money on books. What percent is that?
  8. 8.₹26 − ₹6 =
  9. 9.Arjun wants to save ₹360 for an art kit in 4 weeks, the same amount each week. How many rupees must Arjun save each week?
  10. 10.Shop A sells a lunch box for ₹255 with free delivery. Shop B sells it for ₹300 plus ₹80 delivery. How many rupees do you save by buying from the cheaper shop?
  11. 11.Kavya has 2 coins of ₹2. Joseph has 2 notes of ₹50. How many more rupees does Joseph have?
  12. 12.What is the smallest number of coins and notes that make ₹114?
  13. 13.Kabir gets ₹15 pocket money every week. How many rupees is that in 4 weeks?
  14. 14.Gurpreet gets ₹25 every day. How many rupees is that in one week (7 days)?
  15. 15.Kabir has 3 notes of ₹100, 2 notes of ₹10 and 5 coins of ₹2. How many rupees does Kabir have?
  16. 16.Aditya has ₹720 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Aditya can buy?
  17. 17.Kavya spends ₹100 on things to make 25 friendship bands and sells them all at ₹5 each. How many rupees does Kavya earn after paying the costs?
  18. 18.4 geometry boxes cost ₹460. What does one geometry box cost (in ₹)?
  19. 19.Nisha keeps ₹300 in a bank at 2% simple interest per year. How many rupees of interest does it earn in 3 years?
  20. 20.Riya wants a cricket bat that costs ₹730, has ₹130 already and saves ₹60 every week. In how many weeks will Riya have enough?
  21. 21.Kavya is making a shopping list. Which of these is a want? (a) sweets every day (b) a warm blanket (c) notebooks for school (d) a raincoat
  22. 22.Isha’s passbook:
    Opening balance: ₹3400
    Credit (money in): ₹950
    Debit (money out): ₹3350
    What is the balance now (in ₹)?
  23. 23.After 50% off, a study lamp costs ₹130. What was the price before the sale (in ₹)?
  24. 24.A 10 kg bag of dal costs ₹950. A 5 kg bag costs ₹650. How many rupees per kg do you save with the cheaper bag?
  25. 25.A board game costs ₹140. The shop gives 20% off. What is the sale price (in ₹)?
  26. 26.A bun costs ₹11.50. Vivaan pays ₹20. How much change does Vivaan get, in rupees? =
  27. 27.₹410 − ₹120 =
  28. 28.Count up to find the change from ₹20: ₹15 + ₹? = ₹20
  29. 29.Aarav deposits ₹900 of birthday money. In the passbook, is this a credit or a debit? (a) Credit (b) Debit
  30. 30.Manav gets a call: “I am from the bank. Tell me the OTP sent to your phone.” What should Manav do? (a) Never share the OTP (b) Send it by message (c) Read the OTP out
  31. 31.Price list: banana ₹6, ruler ₹11, toffee ₹2, biscuit packet ₹10.
    How many rupees more does a ruler cost than a banana?
  32. 32.Ananya’s mother scans a shop’s QR code to pay ₹2000. What should she check before she pays? (a) Nothing, just pay (b) The colour of the code (c) The name of the shop
  33. 33.Shop A sells 2 colour pencil sets for ₹140. Shop B sells 6 colour pencil sets for ₹660. What does one colour pencil set cost at the cheaper shop (in ₹)?
  34. 34.Ananya’s passbook:
    Opening balance: ₹2200
    Debit: ₹50
    Credit: ₹100
    Credit: ₹150
    Credit: ₹150
    What is the total of all the credits (in ₹)?
  35. 35.How many notes of ₹20 make ₹120?
  36. 36.The bill for 2 pairs of socks and a cricket ball is ₹220. A pair of socks costs ₹50. What does the cricket ball cost (in ₹)?
  37. 37.Lakshmi has 3 coins of ₹10 and 6 coins of ₹20. How many rupees does Lakshmi have?
  38. 38.Ananya has 4 notes of ₹10. Aditya has 9 notes of ₹50. Who has more money? (a) Ananya (b) Aditya
  39. 39.Kavya is making a shopping list. Which of these is a need? (a) a bigger TV (b) a video game (c) school shoes (d) designer sunglasses
  40. 40.2 storybooks cost ₹300. What does one storybook cost (in ₹)?

Answer key

  1. bus fare to school
  2. Scanning a QR pays money
  3. Yes
  4. 650
  5. Offer 1
  6. 4
  7. 10
  8. 20
  9. 90
  10. 125
  11. 96
  12. 4
  13. 60
  14. 175
  15. 330
  16. 18
  17. 25
  18. 115
  19. 18
  20. 10
  21. sweets every day
  22. 1000
  23. 260
  24. 35
  25. 112
  26. 8.5
  27. 290
  28. 5
  29. Credit
  30. Never share the OTP
  31. 5
  32. The name of the shop
  33. 70
  34. 400
  35. 6
  36. 120
  37. 150
  38. Aditya
  39. school shoes
  40. 150

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